[ad_1] WSJ News Exclusive Tech The short-video app is making big efforts to reduce ties with Beijing-based ByteDance but is still hiring staff in China for key functions [ad_2] Source…
Tag: Lay-offs/Redundancies
Jobless Claims Fell by 20,000 Last Week
[ad_1] U.S. unemployment filings declined to the lowest level since late September, a sign the labor market remains historically tight. [ad_2] Source link
WeWork’s Once Robust Cash Reserves Have Dwindled, Raising Chances of Default
[ad_1] Recession fears and tech-industry job cuts are lowering demand for co-working desks. Meanwhile, money-losing companies such as WeWork are hurt by higher interest rates. [ad_2] Source link
U.S. Jobless Claims Rise Slightly in Tight Labor Market
[ad_1] Initial jobless claims rose to a seasonally adjusted 230,000 last week, near the 2019 weekly average when the labor market was also robust. [ad_2] Source link
When Companies Do Layoffs, Is It Really ‘Last In, First Out?’
[ad_1] Employers have long applied the seniority principle to job cuts. That’s no longer a given. [ad_2] Source link
WSJ News Exclusive | Google Combines Maps and Waze Teams Amid Pressure to Cut Costs
[ad_1] Google plans to combine the team working on the mapping service Waze with the group overseeing the company’s Maps product, as the search giant faces pressure to streamline operations…
Opinion | Elon Musk Slashes Bureaucracy, Giving Twitter a Chance to Soar
[ad_1] Success isn’t guaranteed, but he has saved the company from systemic and degenerative paralysis. [ad_2] Source link